SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Renren -- Ignore unavailable to you. Want to Upgrade?


To: zax who wrote (277)5/18/2012 12:33:36 PM
From: Zen Dollar Round  Respond to of 310
 
Also, ZNGA was halted after being down more than 13%.

Guess this was a good day to short the social media stocks.




To: zax who wrote (277)5/18/2012 12:43:25 PM
From: Glenn Petersen  Read Replies (1) | Respond to of 310
 
It could have been worse:

Zynga halted after FB debut, 13% drop

marketwatch.com

I have always believed in "sell the news," unless you know the date of the news, which means that you should "sell the day before the news."

ZNGA has resumed trading and bounced back a bit. All of the sympathy plays may do better now that FB is firming.